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Yingde Holdings (08535) is forecasting a net loss of approximately HK$480,000 in the medium term
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According to the Zhitong Finance App, Yingde Holdings (08535) announced that it is expected that the Group will have a net loss of about HK$480,000 for the six months ending September 30, 2026, and a net profit of about HK$410,000 for the six months ending September 30, 2025. The expected shift from profit to loss is mainly due to a decrease in gross profit due to a decrease in revenue, although the Group's overall gross margin has increased. The decrease in revenue from installation projects reflects the fact that fewer new installation projects have been awarded. In addition, the original installation works are gradually nearing completion, while the new installation projects are still in the early stages. The volume of construction work at this stage was low, and therefore the revenue recognized during the reporting period was also low. The Group's other income and earnings, as well as net reimbursement of impairment losses on trade receivables and contract assets, were also reduced. These adverse effects were partly offset by reduced administrative and other operating expenses and financing costs.

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